Elemental Royalty Corporation (TSX:ELE)
23.36
-0.34 (-1.43%)
Oct 19, 2026, 4:00 PM EST
Elemental Royalty Stock Forecast
Stock Price Forecast
According to 5 analysts polled by S&P Global, Elemental Royalty stock has a consensus rating of "Strong Buy" and an average price target of $35.67. The average 1-year stock price forecast is 52.70% higher than the current stock price, while the lowest is $35.00 (+49.83%) and the highest is $36.00 (+54.11%).
Price Target: $35.67 (+52.70%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Elemental Royalty stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst Raymond James No rating | Raymond James | Buy Maintains $33.00 → $36.00 | Buy | Maintains | $33.00 → $36.00 | +54.11% | Sep 23, 2026 |
| H.C. Wainwright | H.C. Wainwright | Buy Reiterates $46.86 → $44.02 | Buy | Reiterates | $46.86 → $44.02 | +88.45% | Sep 23, 2026 |
Unknown Analyst National Bank No rating | National Bank | Buy Maintains $32.50 → $35.00 | Buy | Maintains | $32.50 → $35.00 | +49.83% | Sep 21, 2026 |
Unknown Analyst CIBC No rating | CIBC | Buy Maintains $34.08 | Buy | Maintains | $34.08 | +45.90% | Aug 12, 2026 |
Financial Forecast
Revenue This Year
88.77M
from 43.64M
Increased by 103.39%
Revenue Next Year
109.58M
from 88.77M
Increased by 23.45%
EPS This Year
0.24
from 0.12
Increased by 102.49%
EPS Next Year
0.48
from 0.24
Increased by 101.88%
EPS and Forward PE are based on non-GAAP adjusted numbers.